Price Controls

question 174

Multiple Choice

Price controls:

• A)always increase economic efficiency.
• B)always lead to more equitable results.
• C)can result in inequitable outcomes.
• D)are always set below the equilibrium price.

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Definitions:

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A term typically referring to an indefinite but extended period of time, often surpassing two years.

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The series of steps involved in founding and establishing a new business or company.

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